Silver and Gold are dirt cheap



3nyaw said:
silver has more industrial uses than Gold because it's a hundredth of the price.

Gold is only used when cheaper alternatives don't exist. Once gold is used for something, it won't be replaced. claiming that gold has no value is just an elaborate way of screaming "i have never paid attention in chemistry and and don't understand economics".

Gold won't go away.
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i think this is tough statement, many industrial uses of gold and silver are the same, i doubt there is many things (if there are any) you can use silver for and not gold.
Yet when sattelites (like rosetta anyone following this too?) go into space it's unlikely they'll use silver but gold. solar panels etc.

anyway love gold, cashed out few years ago at 900 when i tried to call top, went to 2000+

so with that wisdom (from misstake) i wouldn't call a bottom, but i don't see gold/silver loosing it's tradevalue for tangible goods.
in dollars, values may go down a bit, will go up again but it's a safety net.
 
nicmakaveli said:
i think this is tough statement, many industrial uses of gold and silver are the same, i doubt there is many things (if there are any) you can use silver for and not gold.
Yet when sattelites (like rosetta anyone following this too?) go into space it's unlikely they'll use silver but gold. solar panels etc.

anyway love gold, cashed out few years ago at 900 when i tried to call top, went to 2000+

so with that wisdom (from misstake) i wouldn't call a bottom, but i don't see gold/silver loosing it's tradevalue for tangible goods.
in dollars, values may go down a bit, will go up again but it's a safety net.
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i so sorry for you. y u no understand english. tried deciphering your nonsense and turns up you mean what i mean. thanks for trying to correct though. very much doge.

yes, gold can be used for everything silver can be used for (with a couple exceptions where the chemistry stats say no). not the other way around. thats exactly what ive said.
 
3nyaw said:
i so sorry for you. y u no understand english. tried deciphering your nonsense and turns up you mean what i mean. thanks for trying to correct though. very much doge.
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well me no understand so well, i thought you actually meant the exact opposite, apologies.
 
I just liquidated all assets, I'm in USD now.

It was a good ride:
https://personal.vanguard.com/us/funds/snapshot?FundId=0960&FundIntExt=INT
https://personal.vanguard.com/us/funds/snapshot?FundId=0024&FundIntExt=INT
https://personal.vanguard.com/us/funds/snapshot?FundId=0738&FundIntExt=INT
https://personal.vanguard.com/us/funds/snapshot?FundId=0028&FundIntExt=INT
Among others.

I expect that before the next presidential election, there will be a black swan that will hit the markets (either directly or indirectly)

Nothing dooms-day-ish, just a strong correction before we continue with a long term US bull market.
 
charlesmartel said:
^^^ If you're in the US, take note that silver and gold bullion coins are taxed at 28%. They're classified as collectibles even if they aren't collectible.



Capital Gains Tax and Precious Metals
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wtf.
my government don't pay a shit when you own physical metal. Also they don't pay shit too when others mine gold from here.

only my religion that have a rule, pay 2.5% of the value of metal directly to poor person or via non-profits.
 
Silver is around $15 an ounce....

Mother-of-god-template.jpg



Talk about the red-headed step child of investment right now. All the commodities are taking a beating lol.
 
Don't buy when it's running down - against common sayings it's not buy the dip - it's buy after the dip. If there's a dip someone's selling - let them sell everything first. Don't try to catch a falling knife!
 
Cost average on the way down. Dollar is strong. If that lasts, who knows how low gold and silver go. I'm surprised to see it break below $15 (just slightly) last night. Buying on the way down. Silvertards we ride!
 
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